Some of the big names in house building and property development are thought to be assembling land banks using a mixture of private and bank financing. Many insiders in the property sector believe that although house prices may be fairly volatile throughout 2010 with prices bouncing along the bottom they will remain relatively constant on a year on year basis. So when the market turns those brave souls in the industry who have had the for thought to buy while the heard are selling, will be very well placed to ramp up the build phase and get the maximum profits when the upturns comes.
March 9, 2010
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